Deutsche Bank set a €38.00 ($44.19) target price on HELLA GMBH & CO KGAA (ETR:HLE) in a report released on Thursday morning, Borsen Zeitung reports. The firm currently has a neutral rating on the stock.
Several other brokerages have also recently issued reports on HLE. UBS Group set a €48.20 ($56.05) price objective on HELLA GMBH & CO KGAA and gave the stock a buy rating in a research note on Friday, August 9th. Goldman Sachs Group set a €39.00 ($45.35) price objective on HELLA GMBH & CO KGAA and gave the stock a neutral rating in a research note on Monday, August 19th. Oddo Bhf set a €36.00 ($41.86) price objective on HELLA GMBH & CO KGAA and gave the stock a sell rating in a research note on Friday, June 7th. Morgan Stanley set a €38.00 ($44.19) price objective on HELLA GMBH & CO KGAA and gave the stock a neutral rating in a research note on Monday, August 19th. Finally, Bank of America set a €34.00 ($39.53) price objective on HELLA GMBH & CO KGAA and gave the stock a sell rating in a research note on Friday, August 23rd. Three research analysts have rated the stock with a sell rating, nine have given a hold rating and seven have assigned a buy rating to the stock. HELLA GMBH & CO KGAA currently has an average rating of Hold and an average target price of €42.63 ($49.57).
Shares of ETR:HLE traded up €1.36 ($1.58) during trading on Thursday, hitting €44.94 ($52.26). The stock had a trading volume of 204,026 shares, compared to its average volume of 158,303. HELLA GMBH & CO KGAA has a 12-month low of €32.66 ($37.98) and a 12-month high of €52.45 ($60.99). The stock has a market capitalization of $4.98 billion and a price-to-earnings ratio of 7.93. The company has a quick ratio of 1.28, a current ratio of 1.72 and a debt-to-equity ratio of 46.09. The stock has a 50-day simple moving average of €39.28 and a two-hundred day simple moving average of €42.04.
HELLA GmbH & Co KGaA, together with its subsidiaries, develops, manufactures, and sells lighting products, and electronic components and systems for automotive industry worldwide. It operates through three segments: Automotive, Aftermarket, and Special Applications. The Automotive segment offers headlamps, rear combination lamps, car body lighting products, interior lights, and radomes; and body electronics, energy management, lighting electronics, and steering solutions, as well as driver assistance systems and components, including sensors and engine compartment actuators.
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